espincrest limited
espincrest limited Company Information
Company Number
03840498
Next Accounts
Jun 2025
Industry
Development of building projects
Directors
Shareholders
fitzrovia property investments limited
structadene limited
Group Structure
View All
Contact
Registered Address
quadrant house floor 6, 4 thomas more square, london, E1W 1YW
Website
-espincrest limited Estimated Valuation
Pomanda estimates the enterprise value of ESPINCREST LIMITED at £1.2k based on a Turnover of £1k and 1.2x industry multiple (adjusted for size and gross margin).
espincrest limited Estimated Valuation
Pomanda estimates the enterprise value of ESPINCREST LIMITED at £9.2k based on an EBITDA of £1.1k and a 8.68x industry multiple (adjusted for size and gross margin).
espincrest limited Estimated Valuation
Pomanda estimates the enterprise value of ESPINCREST LIMITED at £6.3m based on Net Assets of £4.6m and 1.38x industry multiple (adjusted for liquidity).
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Espincrest Limited Overview
Espincrest Limited is a live company located in london, E1W 1YW with a Companies House number of 03840498. It operates in the development of building projects sector, SIC Code 41100. Founded in September 1999, it's largest shareholder is fitzrovia property investments limited with a 66.7% stake. Espincrest Limited is a mature, micro sized company, Pomanda has estimated its turnover at £1k with declining growth in recent years.
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Espincrest Limited Health Check
Pomanda's financial health check has awarded Espincrest Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £1k, make it smaller than the average company (£2.2m)
£1k - Espincrest Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -85%, show it is growing at a slower rate (3.5%)
-85% - Espincrest Limited
3.5% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (26.2%)
100% - Espincrest Limited
26.2% - Industry AVG
Profitability
an operating margin of 105.9% make it more profitable than the average company (7%)
105.9% - Espincrest Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Espincrest Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Espincrest Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £1k, this is less efficient (£281.2k)
- Espincrest Limited
£281.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Espincrest Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Espincrest Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Espincrest Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (13 weeks)
26 weeks - Espincrest Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (72.7%)
0.2% - Espincrest Limited
72.7% - Industry AVG
ESPINCREST LIMITED financials
Espincrest Limited's latest turnover from September 2023 is £1 thousand and the company has net assets of £4.6 million. According to their latest financial statements, we estimate that Espincrest Limited has 1 employee and maintains cash reserves of £4.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,006 | 165,546 | 283,939 | 277,306 | 409,488 | 539,566 | 480,944 | 422,499 | 368,612 | 405,425 | 408,120 | 445,112 | 422,575 | 410,091 | 396,878 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 11,242 | 49,084 | 45,121 | 57,312 | 43,793 | 77,560 | 64,125 | 60,022 | 89,074 | 69,190 | 109,706 | 82,002 | 74,413 | 98,233 |
| Gross Profit | 1,006 | 154,304 | 234,855 | 232,185 | 352,176 | 495,773 | 403,384 | 358,374 | 308,590 | 316,351 | 338,930 | 335,406 | 340,573 | 335,678 | 298,645 |
| Admin Expenses | -59 | -104,894 | 11,995 | 12,475 | -281,836 | 29,885 | 27,951 | 32,456 | 9,142 | 98,626 | 52,218 | 42,906 | 4,846 | 8,082 | 6,032 |
| Operating Profit | 1,065 | 259,198 | 222,860 | 219,710 | 634,012 | 465,888 | 375,433 | 325,918 | 299,448 | 217,725 | 286,712 | 292,500 | 335,727 | 327,596 | 292,613 |
| Interest Payable | 0 | 0 | 0 | 0 | 21,698 | 73,372 | 68,891 | 37,871 | 37,182 | 81,130 | 137,393 | 130,115 | 133,885 | 138,541 | 127,817 |
| Interest Receivable | 1,091 | 208 | 52 | 2,768 | 15,595 | 39,318 | 147 | 442 | 377 | 363 | 225 | 212 | 184 | 42 | 660 |
| Pre-Tax Profit | 2,156 | 259,406 | 1,305,738 | -64,235 | 550,516 | 428,187 | 639,532 | 1,129,459 | 653,122 | 510,957 | 149,544 | 162,597 | 202,026 | 185,960 | 165,456 |
| Tax | -419 | 65,319 | -260,728 | -35,295 | -36,049 | -79,970 | -55,420 | -154,237 | -37,592 | -105,383 | -28,044 | -30,095 | -41,380 | -42,633 | -31,084 |
| Profit After Tax | 1,737 | 324,725 | 1,045,010 | -99,530 | 514,467 | 348,217 | 584,112 | 975,222 | 615,530 | 405,574 | 121,500 | 132,502 | 160,646 | 143,327 | 134,372 |
| Dividends Paid | 0 | 180,000 | 288,000 | 324,000 | 261,000 | 132,000 | 0 | 210,000 | 150,000 | 45,000 | 0 | 95,000 | 60,000 | 45,000 | 0 |
| Retained Profit | 1,737 | 144,725 | 757,010 | -423,530 | 253,467 | 216,217 | 584,112 | 765,222 | 465,530 | 360,574 | 121,500 | 37,502 | 100,646 | 98,327 | 134,372 |
| Employee Costs | 0 | ||||||||||||||
| Number Of Employees | 3 | 3 | 3 | ||||||||||||
| EBITDA* | 1,065 | 259,198 | 222,860 | 219,710 | 634,012 | 465,888 | 375,433 | 325,918 | 299,448 | 217,725 | 286,712 | 292,500 | 335,727 | 327,596 | 292,613 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 3,410,000 | 0 | 5,970,000 | 5,370,000 | 4,350,000 | 4,845,000 | 4,500,000 | 4,500,000 | 4,500,000 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 4,225,000 | 3,125,000 | 0 | 5,970,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,400,000 | 4,650,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 4,225,000 | 3,125,000 | 3,410,000 | 5,970,000 | 5,970,000 | 5,370,000 | 4,350,000 | 4,845,000 | 4,500,000 | 4,500,000 | 4,500,000 | 4,400,000 | 4,650,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 28,889 | 27,539 | 5,717 | 40,878 | 27,295 | 16,780 | 48,134 | 18,327 | 22,294 | 50,090 | 47,988 | 11,261 | 7,084 |
| Group Debtors | 4,584,127 | 150,225 | 0 | 0 | 0 | 0 | 0 | 652,921 | 152,890 | 6,474 | 2,890 | 5,890 | 0 | 0 | 0 |
| Misc Debtors | 1,016 | 6,432 | 158,344 | 157,637 | 159,048 | 657,233 | 620,263 | 64,942 | 12,977 | 34,659 | 24,852 | 12,654 | 10,996 | 3,777 | 5,965 |
| Cash | 4,482 | 4,699,274 | 474,951 | 598,790 | 764,641 | 84,725 | 96,169 | 57,951 | 121,637 | 480,214 | 164,248 | 81,420 | 132,221 | 141,036 | 107,728 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,589,625 | 4,855,931 | 662,184 | 783,966 | 929,406 | 782,836 | 743,727 | 792,594 | 335,638 | 539,674 | 214,284 | 150,054 | 191,205 | 156,074 | 120,777 |
| total assets | 4,589,625 | 4,855,931 | 4,887,184 | 3,908,966 | 4,339,406 | 6,752,836 | 6,713,727 | 6,162,594 | 4,685,638 | 5,384,674 | 4,714,284 | 4,650,054 | 4,691,205 | 4,556,074 | 4,770,777 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,558,479 | 52,175 | 60,000 | 2,155,556 | 60,396 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,956 | 49,697 | 50,450 | 51,214 | 54,498 |
| Trade Creditors | 0 | 929 | 621 | 169 | 1,821 | 65,488 | 71,595 | 61,590 | 71,555 | 76,168 | 101,161 | 97,018 | 90,926 | 87,474 | 59,664 |
| Group/Directors Accounts | 6,475 | 0 | 592 | 592 | 592 | 592 | 120,592 | 592 | 592 | 592 | 692 | 692 | 592 | 592 | 66,592 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,310 | 275,899 | 121,959 | 119,861 | 118,491 | 144,828 | 142,470 | 227,439 | 133,125 | 188,994 | 109,644 | 118,275 | 150,921 | 168,675 | 129,313 |
| total current liabilities | 8,785 | 276,828 | 123,172 | 120,622 | 120,904 | 2,769,387 | 386,832 | 349,621 | 2,360,828 | 326,150 | 260,453 | 265,682 | 292,889 | 307,955 | 310,067 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 2,558,479 | 2,625,000 | 0 | 3,184,969 | 3,233,195 | 3,282,151 | 3,331,848 | 3,382,297 | 3,599,215 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 329,634 | 110,976 | 117,604 | 136,018 | 137,202 | 140,871 | 42,930 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 329,634 | 110,976 | 117,604 | 136,018 | 2,695,681 | 2,765,871 | 42,930 | 3,184,969 | 3,233,195 | 3,282,151 | 3,331,848 | 3,382,297 | 3,599,215 |
| total liabilities | 8,785 | 276,828 | 452,806 | 231,598 | 238,508 | 2,905,405 | 3,082,513 | 3,115,492 | 2,403,758 | 3,511,119 | 3,493,648 | 3,547,833 | 3,624,737 | 3,690,252 | 3,909,282 |
| net assets | 4,580,840 | 4,579,103 | 4,434,378 | 3,677,368 | 4,100,898 | 3,847,431 | 3,631,214 | 3,047,102 | 2,281,880 | 1,873,555 | 1,220,636 | 1,102,221 | 1,066,468 | 865,822 | 861,495 |
| total shareholders funds | 4,580,840 | 4,579,103 | 4,434,378 | 3,677,368 | 4,100,898 | 3,847,431 | 3,631,214 | 3,047,102 | 2,281,880 | 1,873,555 | 1,220,636 | 1,102,221 | 1,066,468 | 865,822 | 861,495 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,065 | 259,198 | 222,860 | 219,710 | 634,012 | 465,888 | 375,433 | 325,918 | 299,448 | 217,725 | 286,712 | 292,500 | 335,727 | 327,596 | 292,613 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -419 | 65,319 | -260,728 | -35,295 | -36,049 | -79,970 | -55,420 | -154,237 | -37,592 | -105,383 | -28,044 | -30,095 | -41,380 | -42,633 | -31,084 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,428,486 | -30,576 | 2,057 | 20,411 | -533,346 | 50,553 | -87,085 | 520,642 | 154,541 | 9,424 | -18,598 | 9,650 | 43,946 | 1,989 | 13,049 |
| Creditors | -929 | 308 | 452 | -1,652 | -63,667 | -6,107 | 10,005 | -9,965 | -4,613 | -24,993 | 4,143 | 6,092 | 3,452 | 27,810 | 59,664 |
| Accruals and Deferred Income | -273,589 | 153,940 | 2,098 | 1,370 | -26,337 | 2,358 | -84,969 | 94,314 | -55,869 | 79,350 | -8,631 | -32,646 | -17,754 | 39,362 | 129,313 |
| Deferred Taxes & Provisions | 0 | -329,634 | 218,658 | -6,628 | -18,414 | -1,184 | -3,669 | 97,941 | 42,930 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,702,358 | 179,707 | 181,283 | 157,094 | 1,022,891 | 330,432 | 328,465 | -166,671 | 157,275 | 272,778 | 226,201 | 236,099 | 350,146 | 437,457 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | -4,225,000 | 1,100,000 | 3,125,000 | -5,970,000 | 5,970,000 | 0 | 0 | 0 | 0 | 0 | 0 | -4,400,000 | -250,000 | 4,650,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -48,956 | -741 | -753 | -764 | -3,284 | 54,498 |
| Group/Directors Accounts | 6,475 | -592 | 0 | 0 | 0 | -120,000 | 120,000 | 0 | 0 | -100 | 0 | 100 | 0 | -66,000 | 66,592 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -2,558,479 | -66,521 | 2,625,000 | -3,184,969 | -48,226 | -48,956 | -49,697 | -50,449 | -216,918 | 3,599,215 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1,091 | 208 | 52 | 2,768 | -6,103 | -34,054 | -68,744 | -37,429 | -36,805 | -80,767 | -137,168 | -129,903 | -133,701 | -138,499 | -127,157 |
| cash flow from financing | 7,566 | -384 | 52 | 2,768 | -6,103 | -2,712,533 | -15,265 | 2,587,571 | -3,278,979 | 114,296 | -189,950 | -182,002 | -84,914 | -518,701 | 4,320,271 |
| cash and cash equivalents | |||||||||||||||
| cash | -4,694,792 | 4,224,323 | -123,839 | -165,851 | 679,916 | -11,444 | 38,218 | -63,686 | -358,577 | 315,966 | 82,828 | -50,801 | -8,815 | 33,308 | 107,728 |
| overdraft | 0 | 0 | 0 | 0 | -2,558,479 | 2,506,304 | -7,825 | -2,095,556 | 2,095,160 | 60,396 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,694,792 | 4,224,323 | -123,839 | -165,851 | 3,238,395 | -2,517,748 | 46,043 | 2,031,870 | -2,453,737 | 255,570 | 82,828 | -50,801 | -8,815 | 33,308 | 107,728 |
espincrest limited Credit Report and Business Information
Espincrest Limited Competitor Analysis
Perform a competitor analysis for espincrest limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E1W area or any other competitors across 12 key performance metrics.
espincrest limited Ownership
ESPINCREST LIMITED group structure
Espincrest Limited has no subsidiary companies.
Ultimate parent company
1 parent
ESPINCREST LIMITED
03840498
espincrest limited directors
Espincrest Limited currently has 1 director, Mr Michael Goldberger serving since Sep 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Goldberger | 68 years | Sep 2022 | - | Director |
P&L
September 2023turnover
1k
-99%
operating profit
1.1k
-100%
gross margin
100%
+7.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
4.6m
0%
total assets
4.6m
-0.05%
cash
4.5k
-1%
net assets
Total assets minus all liabilities
espincrest limited company details
company number
03840498
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 1999
age
26
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG
address
quadrant house floor 6, 4 thomas more square, london, E1W 1YW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
EVERSLEYS
espincrest limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 8 charges/mortgages relating to espincrest limited. Currently there are 0 open charges and 8 have been satisfied in the past.
espincrest limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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espincrest limited Companies House Filings - See Documents
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